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Transrail Lighting Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹432
Per Share
GMP
NIL
Grey Market
Est. Listing
₹432
Expected Price
Min. Application
₹29,376
2 lots × 34 shares
IPO Issue Details
Issue Price / Price Band₹432 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size34 Shares per Lot
Total Issue Size1,94,19,258 shares (aggregating up to ₹838.91 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 19 Dec 2024
Subscription CloseMon, 23 Dec 2024
Anchor AllotmentWed, 18 Dec 2024
Basis of AllotmentTue, 24 Dec 2024
Initiation of RefundsThu, 26 Dec 2024
Credit of Shares to DematThu, 26 Dec 2024
Listing DateFri, 27 Dec 2024
UPI Mandate Deadline2024-12-23
Application & Investment Details
Retail — Min (1 Lots)₹14,688 — 34 shares
Retail — Max (13 Lots)₹190,944 (13 Lots)
HNI — Min (14 Lots)₹2,05,632 — 476 shares
EPS (Pre-IPO)₹18.66
EPS (Post-IPO)₹15.42
P/E Ratio (Pre-IPO)23.15x
P/E Ratio (Post-IPO)28.02x
Pre-IPO Promoter Holding12,49,96,767 shares
Post-IPO Promoter Holding13,42,56,026 shares
Fresh Issue Shares92,59,258 shares (aggregating up to ₹400.00 Cr)
Offer for Sale Shares1,01,60,000 shares of ₹2 (aggregating up to ₹438.91 Cr)
About Transrail Lighting Ltd.

 Incorporated in February 2008, Transrail Lighting Limited is an engineering and construction company focused on power transmission and distribution and manufacturing lattice structures, conductors, and monopoles.The company provides the following services:-Supply, engineering, procurement and construction of transmission lines and distribution lines.EPC services in civil construction including design in relation to bridges, tunnels, elevated roads and cooling towers.Act as manufacturers and service providers in the poles and lighting segment, including supply, installation, and testing.The company provides railway services, including overhead electrification, signalling, telecommunication, earthworks, and track linking.Since its inception, the company has completed over 200 power transmission and distribution projects. The company has a presence in 58 countries, including Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, and Nicaragua, with turnkey EPCs and supply projects.As of June 30, 2024, the company has completed the EPC of 34,654 CKM of transmission lines and 30,000 CKM of distribution lines, both domestically and internationally.As of December 2024, the company has four manufacturing units. The first one is situated in Vadodara Gujrat, second one in Deoli, Maharashtra,and third and fourth one in Silvassa, Dadra and Nagar Haveli respectively.As of June 30, 2024, the company supplied 1.3 MMT of towers, 194,534 KM of conductors, and 458,705 poles.As of June 30, 2024, the company has 114 employees in the design and engineering team.Competitive Strength:Strong and diversified Order BookEstablished manufacturing facilities in four locationsProven track record of growth and established presence in the power transmission and distribution sector through effective implementation and execution skills.

Objects of the Issue

Transrail Lighting Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Incremental financing working capital requirements of the company;
2
Funding capital expenditure of the company; and
3
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding 12,49,96,767 shares
Post-IPO Promoter Holding 13,42,56,026 shares
Lock-in Period (30%)January 23, 2025
Lock-in Period (50%)March 24, 2025
Check AllotmentCheck Status →
Transrail Lighting Ltd. — Live Price LIVE
₹432.00
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Issue ₹432.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹432
GMPNIL
Est. Listing₹432
Lot Size34 shares
Min Amount₹29,376
Listing Date27 Dec 2024
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹432
Listing Date27 Dec 2024
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 19,419,258 100.00% ₹838.91 Cr
* Based on ₹432.00 (upper price band)
Lot Size & Investment Details
Lot Size
34
Shares
Issue Price
₹432.00
Per Share
Min Investment
₹14,688
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 34 ₹14,688
Retail (Max) 13 442 ₹190,944
sNII (Min) 14 476 ₹205,632
bNII (Min) 69 2,346 ₹1,013,472
Company Financials — Restated Consolidated (Amount in Crore)
Particulars30 Jun 202431 Mar 202431 Mar 2023
Revenue from Operations 929.70 4130.00 3172.03
EBITDA N/A N/A N/A
Profit After Tax (PAT) 51.74 233.21 107.57
Net Worth 1140.65 1075.87 709.15
Total Assets 4836.17 4620.61 3445.49
Reserves & Surplus N/A N/A N/A
Total Borrowings 603.43 643.19 604.92
Key Ratios & Valuation
Issue Price ₹432
Face Value ₹2 Per Share
P/BV 4.70
RoE 24.41%
RoCE 24.33%
RoNW 21.68%
PAT Margin (%) 5.65%
EBITDA Margin (%) N/A
Debt / Equity 0.56
Company Details
Company
Transrail Lighting Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹2 Per Share
Script Code
N/A
Address
501, A,B,C,E Fortune 2000, Block G Bandra Kurla Complex, Bandra East Mumbai,-400051 Mumbai, Maharashtra
Book Running Lead Managers
Inga Ventures Pvt.Ltd.
Book Running Lead Manager (BRLM)
Axis Capital Ltd.
Book Running Lead Manager (BRLM)
HDFC Bank Ltd.
Book Running Lead Manager (BRLM)
IDBI Capital Markets Services Ltd.
Book Running Lead Manager (BRLM)